Sensex up 28 points to close at 17,996

Recovering smartly from initial losses, the Sensex at the Bombay Stock Exchange ended with a small gain of 28 points, or 0.2 percent, at 17,996, today, even as the rupee hit a lifetime low against the dollar, and as global markets lost ground. But the Nifty at the National Stock Exchange closed with...

Rupee recovers after hitting record low below 68 per dollar

The Rupee pulled back a bit after it slumped to a record low below 68 per dollar today. It laterpared some losses to trade at 67.9, a dollar when stock markets closed. The rupee tumbled following growing worries that foreign investors will continue to sell out of a country facing stiff economic chal...

Rupee recovers after hitting record low below 68 per dollar

The Rupee pulled back a bit after it slumped to a record low below 68 per dollar today. It was trading at 67.67 per dollar at 3.08 p.m. The rupee tumbled following growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global marke...

FM suggests 10-point formula to revive country's economic situation

Finance Minister P Chidambaram has suggested a 10-point formula to revive the country's economic situation. He sought co-operation from all quarters, despite ideological and political differences. Replying to a discussion on the country's economic situation in the Lok Sabha yesterd...

Recovering from the day's lows, the Sensex at the Bombay Stock Exchange stood 94 points, or 0.5 percent in negative territory, at 17,875 in afternoon trade, a short while ago. Earlier in the morning, the Sensex had opened with a loss of 230 points, or 1.3 per cent, at 17,738, on persistent ...

Sensex plunges 212 points to 17,767

The Sensex at the Bombay Stock Exchange plunged 212 points to 17,767 points, a short while ago. Earlier, it fell by 230 in early trade today. The Nifty at the National Stock Exchange tumbled 73 points, or 1.38 percent, to 5,214 points.

Sensex plunges 272 points to 17,686

The Sensex at the Bombay Stock Exchange plunged 272 points to 17,686 points, a short while ago. Earlier, it fell by 230 in early trade today. The Nifty at the National Stock Exchange tumbled 95 points, or 1.8 percent, to 5,192 points.

Rupee tumbles to record low of 68.75 per dollar

The rupee plunges to a new record low of 68.75 per dollar in the late morning trade on persistent dollar demand from banks and importers due to further fall in equity market amid rise in crude oil prices. The rupee resumed lower at 66.90 per dollar as against the last closing level of 66.24 per doll...

Real estate sector has imbalances, says RBI Director Mridul

Reserve Bank of India says there are imbalances in the real estate sector and prices in the housing sector are high. Director RBI Mirdul Sagar while responding to issues concerning the economy and its impact on the common man at Chandigarh said that the declining savings and investment rates as high...

Rupee reaches lifetime low at 67.42

The rupee today breached the 67-mark against the dollar, by falling 118 paise to trade at a lifetime low of 67 rupees 42 paise in early trade today. The domestic currency had recorded a steep fall of 194 paise, or 3.02 per cent to close at record low of 66 rupees 24 paise against the dollar in the p...